FirstRand Bank has entered the CLS Settlement community in association with CLS settlement member ABN AMRO. FirstRand is the first South African based bank to join CLS. Its entry will mean a significant boost to Rand settlements via CLS. FirstRand Bank is already settling its own CLS eligible trades live with CLS Bank through ABN AMRO, to great effect. FirstRand Bank has committed to the South African Reserve Bank (SARB) and CLS Bank to provide rand liquidity. They also offer rand account agency services to international banks, to facilitate and support the Rand’s entry and acceptability to CLS.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more